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20121201
20121231
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CNBC 17
CNNW 7
CNN 2
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English 30
Search Results 0 to 29 of about 30 (some duplicates have been removed)
CNBC
Dec 5, 2012 11:00pm EST
over at citi, but i would be happy if i were a shareholder. the stock went up on the news. never easy to change your mind. something we're asking of our politicians, they can't do that. but citigroup's management was willing to take the hard medicine for the shareholders. we hear endless negativity about china and europe, but the chinese market last night, it was a gigantic move signifying what might be the beginning of a new growth phase. have you checked european stocks lately? smoke show. hey, even i can get too gloomy. i've been critical of bank of america for its unfathomable top dollar acquisitions, including the ill-timed merrill lynch purchase and the ridiculous countrywide buy. i've chided these guys as being one gigantic law firm with a bank attached. that's how much their earnings have been dependent upon legal obligations. and that's what cuts them. bank of america led the dow today, broke out above $10. a level hasn't been seen in ages as the unsold homes dwindles, i think it probably goes higher. here's the bottom line, listen to me, go ahead, be gloomy, you have every r
CNBC
Dec 5, 2012 9:00am EST
toward really slimming down citi by the new ceo. he has a quote in here saying these actions are logical next steps in citi's transformation and says they're committed to strategy that continues to leverage in the global banking market. if you go through the list of where these jobs are actually coming from, institutional clients group which is investment banking a quarter of the job cuts are going to come from there. my 2013 predictions i said that group would slim down by half. interesting that they are cutting a big chunk of that group. global consumer banking is responsible for 35% of the cuts and then going on through the other business lines like citi holdings, those are responsible for smaller portion of those jobs. citi getting smaller. a billion dollars going to be the pretax charge in the fourth quarter of next year. 11,000 jobs a big move from the new ceo over there. carl? >> all right. thank you very much, kayla. we're reading through the release right now ourselves. big strategic move. >> how many people work at this bank? i feel like they've been firing forever. citi did no
CNBC
Dec 28, 2012 9:00am EST
to massachusetts. also got the houston mayor to tell us how her city is preparing for a strike. futures still a little jittery here this morning. dow down 86. "squawk on the street" back in a minute. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> instagram users may have made good on their threat to dump the photo sharing app after the controversy over new privacy rules, according to app data in the "new york post." app data says that instagram may have shed almost 25% of its daily active users as a res
CNBC
Dec 27, 2012 6:00am EST
this morning, the kansas city fed survey. the lead story in the journal today is a 6.9% rise in house prices so far this year. since january. and some people are saying after some false starts, residential has concerned. >> well, you're right. >> you can have some recovery, some have firmness in housing prices, but it's going to drive the recovery on the back of housing. that's not going to happen. >> and people are choosing who to hook up with. i couldn't tell whether that spoke to you or whether you thought it was odd. you thought it was a pretty good idea, i think. you don't want to go out with someone who has a 200, do you? >> do you think eharmony should add a little line, what is your credit score? >> what is your credit score. >> and people are dating now on -- >> can you trust someone who you give your attentions to and eventually give your heart to that doesn't pay your bills? would you? it makes sense to me, doesn't it? >> i don't know about that. >> you could stay with the person, too. >> change them? >> wasn't that the problem when you're -- you don't want a lasting relationship wit
FOX Business
Dec 5, 2012 7:00pm EST
of bankruptcy as city councilwoman with a rather direct, plain spoken solution saying it's simple. the city voted for obama. now obama must bail out mo-town, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and psonal attention. which is why we arare proud to parer with healh care professionals who understand the difference that quality time with our members can me... that's a very nice cake! ohh! [ giggles [ le announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals w helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... whh means better health outcomes... and more quality t time to she with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ lou: treasury secretary today said t
CNN
Dec 4, 2012 6:00am PST
security expert fran townsend about all of this. >>> hours leading up to a kansas city chiefs player's murder/suicide. jovan belcher was out partying with another woman the night before he shot his girlfriend, kasandra perkins. belcher and oert woman became separated. he wound up returning to her apartment complex. when he couldn't find her, he crashed at her neighbor's house and the neighbor says belcher was drunk. he returned home the next morning, several hours after perkins got back from a night out. the couple argued and belcher killed perkins, later killing himself. >> we will cherish the wonderful memories we have of jovan and pray that those memories will bring us peace as we grapple to understand the unpredictable and tragic ending of his life and the life of kasandra perkins. >> kasandra perkins released a statement saying, quote, we appreciate the outpouring of love and concern for our kasandra "kasi" perkins. our hearts are truly broken for kasi. she was a beloved daughter, granddaughter, sister, cousin, mother and friend. please keep us in your hearts and prayers as well
CNBC
Dec 28, 2012 6:00am EST
yet. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smar
CNN
Dec 18, 2012 4:00am PST
city bombing where 19 children were killed. >>> is president obama's new proposal on the fiscal cliff the deal republicans were looking for? just how close are we now to avoiding those massive across the board tax hikes and mammoth spending cuts? we'll talk about that coming up next. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts here. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain
CNBC
Dec 26, 2012 9:00am EST
housing data out tod home prices rose 4.3% in the 12 months ending in october in a 20-city composite, beating analysts' forecasts. it did appear as 12 of the 20 cities in both composites posted monthly declines in october. david blitzer will join us in just a few minutes to go over this data. bottom line here, better than expected. maybe this is enough to keep this sector going. a very strong sector in consumer discretionary overall. home builders have really been a double in 2012. >> it wasn't until the second half of this word that you started hearing the words housing and gdp growth in the same sentence. perhaps the most significant part of the economy for so much of the early parts of the 2000s. we'll see. they do call it a sustained recovery. that is, s&p-case schiller, and the recovery continues to gather strength. >> the best performing sector, though, financials. >> financials, yeah. >> 26% on financials. utilities the only one lower for the year. nine out of ten s&p sectors higher. that doesn't happen a whole lot. >> no. >> when we come back, christmas day may be over, but w
CNBC
Dec 26, 2012 6:00am EST
@cnbc.com. coming up, the outlook for health care in 2013. here's a hint -- think taxes. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> time to prep your portfolio. bertha coombs with what's in stoke for the health care sector in 2013. >> reporter: the rollout of bicycle care will weigh heavily on health care services, medical devices, and health insurers. hospital stocks the best performers in the health care sector in 2012, likely to be volatile and vulnerable in 2013. new medicare rules peg reimbursement rates more to outcomes rather than just the number of procedures. for insurers, 2013 will bring more m&a to diversified business as u.s. profit margins are kweezed by regulation and competition -- squeezed by regulation and competition. the acquisition of brazil
CNN
Dec 27, 2012 11:00pm PST
. >>> the city of newtown, connecticut, has received so many gifts since the december 14th shooting at sandy hook elementary that a local official has asked people to stop sending items like teddy bears and blankets, because postal workers can't handle the volume. officials say they should donate the items to needy children and families in their own community instead. >>> another sign that people are truly worried about the fiscal cliff. an index that tracking consumer confidence fell more than expected in december, to 65.1. now, that's down from 71.5 reading in november, and well below the estimate of 70. barclay's economist deen mackey tells us, consumers, quote, recognize they face a large, potential drop in income if no agreement on the fiscal cliff is regioned soon. let's hope washington is listening. >>> environmental protection agency administrator lisa jackson has announced that she will step down from her post after the president's state of the union address in february. in a statement, jackson says she's leaving the epa, quote, confident the ship is sailing in the right direction. >>> r
CNBC
Dec 12, 2012 9:00am EST
an apartment, it was not that valuable. >> it's not practical for a new york city dweller, for instance. >> when you get houses, you see the mexican properties? i'm saying they're going up there. >> oh, really? >> yeah. if anybody wants one. >> available for weekend rental. >> semiautomatic weapon included. >> somebody stole it from me, he thought i was going to stop there, and let hem get away with it, and that's not really my style. >> would you kidnap jim cramer, david? i'm not sure. >> no. >> it would end there. >> it never ends. >> if the guy had done nothing, i would have said fib. but i found him -- no one has seen "taken 2." >> how could you not? what a great franchise. >> i know. >> she's been taken. >> really bad luck. >> when we come back, apple tv, microsoft surface tablets, we'll bring you the latest development regarding both of those. more from the deal book conference in manhattan, including an exclusive with lloyd feinstein. 11:00 a.m. eastern time. hanging on to gains. at the nyse, when we return. can i help you? i heard you guys can ship ground for less than the ups s
CNN
Dec 5, 2012 9:00am PST
the city today. this week crowds of egyptians have now stormed the presidential palace, breaking through fences, fighting with security forces, trying to keep them back. now, the protesters, they are furious about several things. first of all, all concerning president mohammed morsi and this growing perception that he is making himself too powerful. cnn's reza sayah is in cairo. >> opposition factions back protesting against mohammed morrissey for nearly two weeks. most of the protests have been limited to tahrir square, but they're now going to the source of their anger, president morrissey, and his presidential palace. >> why come here? >> because it's -- we got fed up. >> he doesn't respect us. he don't want to listen to our demands. >> reporter: what's your message to him by coming out here? >> that what he is doing is completely unfair. this is not what we asked for. it's complete dictatorship. >> reporter: at one point there were tense moments when protests clashed with police and broke through a police barrier, but things called down pretty quickly. the president in no danger. he
CNBC
Dec 14, 2012 9:00am EST
chickens in the two, three, four tier cities. they're equal to chicago, right? >> yeah. 200 cities in china the size of chicago, in terms of population. >> and those are small. >> can you imagine the lines at starbucks there? a cappuccino machine goes down, it could shut down the whole city. >> my daughter was asking, how did there come to be so many people in china? >> 200 years ago, i guess, that's a long time -- >> the nation building? >> i didn't have an answer. >> discovery will do us -- >> fill me in. i need to brush up on my -- >> but david faber isn't ignorant. his hair looks better. china, here's the story. >> hair looks better. then china better. relative issue. >> it's a relative issue. thank you. very nice. >>> let's check with mary thompson, on the floor in for bob pisani today. >> weakness across the board. weakness in the nasdaq, down about 20 points. the dow lost in early trade. a little more modest in the s&p, down 4.25%. traders saying the fiscal cliff headlines will continue to dictate trading. and here there was a little reaction in the futures market ahead of today's op
CNN
Dec 18, 2012 9:00pm PST
they canceled their plans to meet for a holiday celebration in new york city, every single one of them came home instead. >> we've all been such good friends such a long time. we all grew up here. and it's so close-knit, this community. everyone kind of has each other's backs and does whatever it can to help each other out. >> we will be leaving newtown to give this small town its streets back. for the residents here to grieve and share together. but we're not going to stop covering this or talking about it in honor of those who died to make those in power take action to stop anything like this from happening again. >>> tonight, two more funerals, two more impossibly small coffins what will america do to stop a madman. >> i am a supporter of the second amendment. but i believe it's time for us to move a different direction. >> and the congresswoman who lost her husband in the long island railroad shooting. >>> also, i'll go one-on-one with a gun advocate who said that lawmakers who vote for gun control have blood on their hands. could he be serious? >>> and why the second amend
CNBC
Dec 19, 2012 9:00am EST
's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from overweight to equal weight. consumer deleveraging in their view coming to an end. and the more clarity on regulations. we are exiting this really weird period of uncertainty. rules come into focus. and if these consumer balance sheet numbers are right. next year could look different, jim. >> yes. there are a lot of assets -- look, a lot of bad loans that are becoming good loans. citi was always relatively opaque. i tried many, many times to penetrate citi holdings, which is the legacy of the core running it now. it may be good. i mean, pandit always promised me the money in holdings was money good. if you go to the book value of companies like morgan stanley, 9% of book -- i mean, in other words, what i'm saying is, xlf, look out. 14 to 16 from june to now. but it could go back to a much higher level. >> you wonder about the nominations to treasury, good time to get out of the business. righting the ship, moving on to something else? >> elizabeth arden, now senator-elect on the banking committee, has alw
CNN
Dec 19, 2012 12:00am EST
where you come from. but what has created a problem in the united states, is to say in cities and schools, those are areas where we're not going to allow them to defend themselves? >> what is the murder rate in great britain for the last three years? >> it's under 3 for 100,000. >> just give me a number. >> it's actually .3 per 100,000. about a tenth of what it is in your vaunted english bucolic country, sir. the fact of the matter with guns comes safety. if the guns are in the hands of the good guys. when you say the good guys can't have guns, the bad guys have a monopoly and horrible things sufficient as shootings at schools take place. >> the ar-15 as we've seen in the last three shootings, aurora, the shopping mall in oregon and now sandy hook, the preferred weapon for young men who want to transfer hundreds of bullets of rapid fire if you have the right magazines. the president has stated he wants to ban weapons like this. what is your view? >> i think we need to ban gun control laws from people who need to protect themselves. the problem is not going to go away if we ban
CNBC
Dec 13, 2012 9:00am EST
this morning, a company backed by millionaire elon muss sex going mub. we are talking about solar city, known for solar panels, musk, who is the company's chairman and ceo, lyndon life, will join us this hour. nship. together for your future. ♪ >>> google maps returned to apple's i phone and ipad. google maps replaced the default application with its own app but that was a target of widespread criticism. the google maps available as a download from apple's itunes store. so it is available as a download. i mean, does this change anything, jim? >> google is huge. >> yeah it s >> apple -- are we really trading on every little review now? oh, wow, google maps. there is a un -- really an unreality about these stocks. they should not trade on whether google maps is sudden lynn better than apple maps, should be trading on profits, earnings. google missed last time, apple missed twice. maybe apple doing better. we look at the review and say i got to take out some google. it is not going to drive google's earnings, if you -- display ad does drive google's earnings but nothing to do with display ads,
CNBC
Dec 17, 2012 6:00am EST
share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>> also, the national association for business economics growth in 2013 to come in at 2.1% after growing by 2.2% in 2012. that would continue the same tepid growth that the country has seen since the recession ended back in mid 2009. >>> and the nation is mourning the horrific event of friday in newtown, connecticut. president obama spoke last night about change. >> we can't kol rate this any more. these tragedies must end. and to end them, we must change. we will be told that the causes of such violence are complex, and that is true. no single law, no set of laws can eliminate evil from the world or event every senseless act of violence in our society. >>> and earlier in the day, new york city mayor michael bloomberg called on the president to lead the nation on the issue of gun control. >> it's time for the president, i think, to stand up and lead and tell this country what we should do. not go to congress and say, what you guys w
CNBC
Dec 20, 2012 9:00am EST
the straight equities business. der riff city was the key. >> people want to believe this is not going to be the latest in a chain of squelch deals, denied deals. you think this one -- >> this one does not appear to have any hair on it when it comes to antitrust. >> nationalism. >> two u.s. companies. two u.s. companies. unless you want new york versus atlanta. that could be -- >> we did that. >> atlanta, the financial capital of the world. not the same ring to it. >> oracle buys a company. yesterday, merkel buys a company. today -- >> angela merkel bought a company? >> play that out. the insurance business. gardner denver perhaps. david -- >> yeah. >> this is deal mania. >> mention arris, trading up again, double the size of the -- what is happening? >> ge this week. >> potentially, the italian enginemaker. >> the fiscal cliff, result supposed to be frozen? aren't we supposed to be paralyzed? >> i guess the clock ran out on everybody saying we can't do anything? >> this is huge for us. >> i don't have a legitimate answer for you. none of these transactions are going to close this year
CNN
Dec 20, 2012 4:00am PST
. des moines, kansas city, lincoln, 40 to 50-mile-per-hour wind gusts. this access of the strongest winds moves into green bay, madison and chicago tonight. so chicago at about 7:00 is going to see the snow begin. it's going to change over from rain to snow at about 7:00 and then notice with this it may be tight, but look at this pressure gradient. this is where this incredibly strong winds are. this is kind of phase two of the storm. we had strong winds and snow. now more snow, stronger winds. by thursday night there's the snow tonight in chicago moving eastward. you can see tomorrow morning right along the 95 corridor, that's where we'll see rain and rain only and it moves out by tomorrow afternoon. >> thank you for the update. >>> there are only 12 days to go until we hit the fiscal cliff or go over the cliff. negotiations seem to be at a stalemate. optimism that was in the air a little bit earlier this week has now vanished. president obama and the house speaker john boehner seem to be butting heads and the rancor could be worse today when the speaker puts his plan b up for a vo
CNN
Dec 19, 2012 2:00am PST
. and then by tomorrow morning, you can see it begins to move into the upper midwest, milwaukee and madison, kansas city still on the back side. and now not only is this really a veracious snow maker, chicago finally gets into the snow 1 to 3 inches, but an incredible amount of wind with this. that's why blizzard watches and warnings are posted. also today, we do have maine getting into some snow, but that first system makes its way into northern new england from thursday into friday with another 6 inches. more on that coming up. >> all right. a veracious snow maker moving through the plains and midwest. thank you so much. >> everybody who wanted snow, right? there you have it. >> yeah, be careful what you you wish for. >>> take a look at this incredible video of a mud slide. this is near everett, washington. knocking seven passing railroad cars right off of their tracks. looks like toy cars i, right? it knocked out amtrak service in the entire area. it was caused by a rain soaked 100-foot cliff that engineers were planning to check right after the 66 car train passed through. this was just the latest o
CNBC
Dec 4, 2012 9:00am EST
's up tonight? >> i have citi national. this is a boutique bank based in california making money for people. i have to find out. they have big business with the ports in california. they also are worried about the fiscal cliff. i have known russell for years. >> we'll see you tonight. >> thank you. >> 6:00 and 11:00 eastern time. the president meeting with governor this is morning about the fiscal cliff. two former governors will offer their perspective. plus, more on what bank of america's brian moynihan told becky this morning. more "squawk on the street" in just a moment. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some o
CNBC
Dec 6, 2012 12:00pm EST
is the biggest market, company saying it plans to open more higher margin pizza hut stores in smaller cities where the competition is less and the costs are less as well. >> joe, news like this coming out from the ceo making what are perceived to be fairly positive comments after what were incredibly negative metrics in comments regarding china wouldn't the stock be up more than 1% if the street liked what he was saying? >> i don't think so. i think there's a lot of negativity off the earnings the other day. i bought the stock the other day. you know that, and i left myself a long runway in essence to be incorrect on the purchase. it's not about timing. it's about the thesis and understanding that i think in 2013 yum, which is so tethered to the chinese economy, i think that economy turns around. ultimately i think yum is in an excellent position, they're doing well domestically in the u.s. with taco bell and pizza hut and i think the growth and expansion in china will come back. >> well, a crude reality for oil today, the commodities sliding roughly 2% so how low can black gold go? we'll ma
FOX News
Dec 18, 2012 6:00am PST
these rebels have not been able to control major cities. they haven't taken aleppo. certainly have not taken the capital damascus. as things on the ground are shifting we're getting more and more indications, russia, syria's key ally are getting nervous. they moved warships in the mediterranean to conceivably evacuate russian citizens into syria in things continue to deteriorate. there is question of chemical weapons. will assad use his chemical weapons in a last act of desperation? or will the rebels seize control. you have a lot of chemical weapons in the hands of many without command-and-control structures. martha: much of the chaos in syria but a little bit of order for rich around engel and his crew. thank you very much. bill:. government's cash problems come closer to a possible resolution a report on the staggering amount of money the government spends and whether or not that is sustainable. martha: as the funerals continue today for the connecticut school shooting victims there are new questions about how we can better address this serious mental health issues that have led to these
CNBC
Dec 3, 2012 6:00am EST
.1 ounces in new york city. things are going in a very strange direction. does that factor into your thinking? pizza is not thought of as health food. >> you put a bunch of vegetables on it and it can be healthy. there are some menu labelling issues. >> when are you guys going to follow him right in there? if you look at the ties over here, they're disappearing quickly. >> cold pizza has been a staple for a long time. i think that's going to remain our core entrance into the breakfast market. >> yeah. you don't need eggs, either. it's basically bread, chicken and cheese. that doesn't seem like a -- usually i don't eat anything until like 10:30 or something. and one egg. you really shouldn't do that if you're up at 3:30, right? >> if you're up at 3:30, i think you need a meal. highly recommend pizza. >> how come the holiday sess a bigger time for you, patrick? >> you know, as families start to get together, as the weather gets colder, people tend to stay in. they're out shopping or they're just very busy. and they get home, they need something convenient and so we're out hiring somewh
CNBC
Dec 20, 2012 6:00am EST
to be sitting down with bill ackman today after his presentation today in new york city. you'll be able to see during the fast money halftime report. >> google agreeing to sell a set top tv boxmaker called motorola home. the price tag is $2.4 billion in cash and stock. era is a georgia based equipment maker and the shares jumped after hours. >> when we return a major winter storm wreaking havoc across the central plains. draco will make holiday travel difficult. an update right after this. and then it's your tools of the trade. oil, gold and more as we get ready for another day on trading on wall street. "squawk" will be back. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer
Search Results 0 to 29 of about 30 (some duplicates have been removed)